Tortoise Capital Advisors Holding in Parsley Energy (PE) Has Increased by $811,330; Pioneer Natural Resources (PXD) Holding Has Increased by Laurel Grove Capital Llc

February 19, 2018 - By Henry Gaston

Laurel Grove Capital Llc increased its stake in Pioneer Natural Resources (PXD) by 90% based on its latest 2017Q3 regulatory filing with the SEC. Laurel Grove Capital Llc bought 2,700 shares as the company’s stock declined 8.01% while stock markets rallied. The institutional investor held 5,700 shares of the oil & gas production company at the end of 2017Q3, valued at $841,000, up from 3,000 at the end of the previous reported quarter. Laurel Grove Capital Llc who had been investing in Pioneer Natural Resources for a number of months, seems to be bullish on the $30.42 billion market cap company. The stock decreased 0.45% or $0.8 during the last trading session, reaching $178.79. About 1.24 million shares traded. Pioneer Natural Resources Company (NYSE:PXD) has risen 8.46% since February 19, 2017 and is uptrending. It has underperformed by 8.24% the S&P500.

Tortoise Capital Advisors Llc increased its stake in Parsley Energy Inc (PE) by 10.68% based on its latest 2017Q3 regulatory filing with the SEC. Tortoise Capital Advisors Llc bought 31,205 shares as the company’s stock declined 0.66% while stock markets rallied. The hedge fund held 323,336 shares of the energy company at the end of 2017Q3, valued at $8.52 million, up from 292,131 at the end of the previous reported quarter. Tortoise Capital Advisors Llc who had been investing in Parsley Energy Inc for a number of months, seems to be bullish on the $7.38 billion market cap company. The stock increased 0.17% or $0.04 during the last trading session, reaching $23.46. About 4.64M shares traded. Parsley Energy, Inc. (NYSE:PE) has risen 26.09% since February 19, 2017 and is uptrending. It has outperformed by 9.39% the S&P500.




Since September 11, 2017, it had 0 buys, and 5 selling transactions for $941,910 activity. Another trade for 2,000 shares valued at $315,700 was made by BERG MARK STEPHEN on Thursday, December 14. Hopkins Frank E also sold $320,000 worth of Pioneer Natural Resources Company (NYSE:PXD) shares. 880 shares valued at $114,835 were sold by Fairbrook Teresa A on Monday, September 11. $159,505 worth of stock was sold by DOVE TIMOTHY L on Tuesday, December 12.

Laurel Grove Capital Llc, which manages about $236.05 million and $192.21M US Long portfolio, decreased its stake in Facebook Inc (NASDAQ:FB) by 2,450 shares to 38,045 shares, valued at $6.50M in 2017Q3, according to the filing. It also reduced its holding in Lockheed Martin Corp (NYSE:LMT) by 1,198 shares in the quarter, leaving it with 24,934 shares, and cut its stake in International Business Machine (NYSE:IBM).

Among 40 analysts covering Pioneer Natural Resources (NYSE:PXD), 35 have Buy rating, 1 Sell and 4 Hold. Therefore 88% are positive. Pioneer Natural Resources had 150 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Credit Suisse given on Monday, December 11. Credit Suisse maintained it with “Outperform” rating and $189 target in Friday, August 7 report. Canaccord Genuity initiated Pioneer Natural Resources Company (NYSE:PXD) rating on Tuesday, October 20. Canaccord Genuity has “Neutral” rating and $160 target. The rating was maintained by Credit Suisse on Wednesday, August 24 with “Outperform”. Barclays Capital upgraded it to “Overweight” rating and $175 target in Tuesday, August 2 report. The firm has “Buy” rating given on Thursday, January 18 by Cowen & Co. The stock of Pioneer Natural Resources Company (NYSE:PXD) has “Buy” rating given on Thursday, February 11 by Topeka Capital Markets. The stock has “Buy” rating by Stifel Nicolaus on Thursday, July 13. Imperial Capital maintained the stock with “Outperform” rating in Thursday, February 8 report. The rating was upgraded by Deutsche Bank to “Buy” on Thursday, January 7.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.07, from 1.1 in 2017Q2. It worsened, as 78 investors sold PXD shares while 197 reduced holdings. 73 funds opened positions while 209 raised stakes. 151.85 million shares or 0.71% less from 152.94 million shares in 2017Q2 were reported. Telemark Asset Limited Liability Company has 1.82% invested in Pioneer Natural Resources Company (NYSE:PXD). Highfields Capital Lp, a Massachusetts-based fund reported 2.78 million shares. Indexiq Advsrs Limited Liability has 0% invested in Pioneer Natural Resources Company (NYSE:PXD) for 605 shares. Sumitomo Mitsui Trust Inc accumulated 474,742 shares. Ci Invests Incorporated holds 0.64% in Pioneer Natural Resources Company (NYSE:PXD) or 471,411 shares. Public Sector Pension Investment Board holds 0.01% or 18,713 shares in its portfolio. 309,515 were reported by Susquehanna Interest Grp Inc Llp. Moreover, Whittier has 0% invested in Pioneer Natural Resources Company (NYSE:PXD) for 194 shares. Parkside National Bank & Trust & accumulated 173 shares. Vr Advisory Svcs, Cayman Islands-based fund reported 4,900 shares. Cibc World Mkts has 0.05% invested in Pioneer Natural Resources Company (NYSE:PXD) for 38,641 shares. Old Mutual Customised Solutions (Proprietary) owns 6,500 shares. Edge Wealth Management Ltd has invested 0.02% of its portfolio in Pioneer Natural Resources Company (NYSE:PXD). Argentiere Ag has 55,000 shares. Kazazian Asset Mngmt Ltd Limited Liability Company accumulated 2,400 shares.

Among 36 analysts covering Parsley Energy Inc (NYSE:PE), 29 have Buy rating, 0 Sell and 7 Hold. Therefore 81% are positive. Parsley Energy Inc had 125 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was downgraded by Iberia Capital Partners on Thursday, November 12 to “Sector Perform”. The stock of Parsley Energy, Inc. (NYSE:PE) earned “Sector Outperform” rating by Howard Weil on Friday, August 14. The stock of Parsley Energy, Inc. (NYSE:PE) earned “Buy” rating by RBC Capital Markets on Friday, October 13. The stock of Parsley Energy, Inc. (NYSE:PE) earned “Buy” rating by BMO Capital Markets on Tuesday, September 5. BMO Capital Markets maintained it with “Buy” rating and $3500 target in Monday, June 26 report. The company was maintained on Friday, July 21 by Citigroup. As per Friday, November 10, the company rating was maintained by RBC Capital Markets. The company was maintained on Thursday, September 28 by SunTrust. The rating was maintained by Barclays Capital on Tuesday, August 8 with “Overweight”. The stock has “Outperform” rating by Imperial Capital on Thursday, November 9.

Investors sentiment decreased to 1.13 in Q3 2017. Its down 0.27, from 1.4 in 2017Q2. It dived, as 51 investors sold PE shares while 91 reduced holdings. 49 funds opened positions while 111 raised stakes. 246.67 million shares or 3.47% more from 238.40 million shares in 2017Q2 were reported. Dekabank Deutsche Girozentrale owns 24,720 shares for 0% of their portfolio. Tph Asset Mgmt Limited Co owns 20,465 shares. First Dallas Secs Incorporated holds 0.14% or 7,950 shares in its portfolio. Tobam accumulated 944,602 shares. Teton Advsrs Inc invested in 0.04% or 17,400 shares. Ny State Common Retirement Fund invested 0.02% in Parsley Energy, Inc. (NYSE:PE). 10,000 were accumulated by Motco. Verition Fund Mngmt Lc invested in 10,730 shares or 0.02% of the stock. Sei Invs accumulated 130,852 shares. Prelude Capital Management Ltd Co holds 0.05% or 19,876 shares. Waddell & Reed Fin Incorporated has 1.87 million shares for 0.11% of their portfolio. Stifel Finance Corporation stated it has 0.01% in Parsley Energy, Inc. (NYSE:PE). Omega Advisors Inc holds 0.29% or 285,000 shares in its portfolio. California-based Parallax Volatility Advisers LP has invested 0% in Parsley Energy, Inc. (NYSE:PE). Quantbot Tech Limited Partnership invested 0.04% of its portfolio in Parsley Energy, Inc. (NYSE:PE).

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